2/106 South Gippsland HighwayTooradin VIC 3980
Property Details for 2/106 South Gippsland Hwy, Tooradin
Last Listing description (November 2024)
Set amongst established businesses and currently leased by Bendigo Bank, this is a rare opportunity to procure a lucrative slice of the tightly-held Tooradin shopping precinct. With the convenience of parking readily available for customers, the shopfront/office area is complemented by a lunchroom, storage and bathroom facilities while air-conditioning, CCTV and security alarm are among the standout inclusions.
With neighbouring business including a Foodworks, pharmacy, bakery and restaurant creating lots of passing foot traffic, this location is truly hard to beat. Offering 115m2 (approx.) of internal space, and securely leased for approximately $24,200 per annum plus gst and outgoings, an astute addition to your burgeoning investment portfolio, be quick to inspect as this will not be on the market for long.
Contact Agent to meet on site and secure this rare opportunity today.
Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 2/106 South Gippsland Hwy, Tooradin, VIC 3980
- 20 Dec 2022Sold for $680,000
- 14 Nov 2022Listed for Sale $650,000 - $700,000
- 15 May 2013Sold for $446,000
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0About Tooradin 3980
The size of Tooradin is approximately 27.3 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Tooradin in 2011 was 1,358 people. By 2016 the population was 1,547 showing a population growth of 13.9% in the area during that time. The predominant age group in Tooradin is 0-9 years. Households in Tooradin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Tooradin work in a trades occupation. In 2011, 77.9% of the homes in Tooradin were owner-occupied compared with 80% in 2016.
Tooradin has 838 properties. Over the last 5 years, Houses in Tooradin have seen a 32.37% increase in median value, while Units have seen a 50.81% increase. As at 31 October 2024:
- The median value for Houses in Tooradin is $897,026 while the median value for Units is $708,416.
- Houses have a median rent of $530.
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